Today is 12/22/2024

Cost of Importing Corn in China--2/10/2021

2021-02-10 www.cofeed.com
  Delivery FOB
(USD/tonne)
Freight
(USD/tonne)
CFR China
(USD/tonne) 
Without Additional Tariff (CNY/tonne) With Additional Tariff (CNY/tonne) Var.
(CNY/tonne)
Corn, US Gulf Mar 264 45 309 2306 2851 -27
Apr 255 45 300 2241 2771 -27
May 254 45 299 2234 2762 -27
Jun 246 45 291 2191 2708 -27
Jul 245 45 290 2183 2699 -27
Remarks: 1. Duty-paid prices include 100 yuan of port surcharges, which is just for reference.
2. Imported US corn is imposed with 25% of additional tariffs since July 6th, 2019;
and the tariffs were raised higher by 10% since December 16th, 2019, which is temporarily not imposed now.